Basically I'd ditto Khotyn as the easiest solution. I see you post on his answer that you don't want zero-length tokens at beginning and end.
That brings up the question: What happens if the string does not begin and end with $'s? Is that an error, or are they optional?
If it's an error, then just start with:
if (!text.startsWith("$") || !text.endsWith("$"))
return "Missing $'s"; // or whatever you do on error
If that passes, fall into the split.
If the $'s are optional, I'd just strip them out before splitting. i.e.:
if (text.startsWith("$"))
text=text.substring(1);
if (text.endsWith("$"))
text=text.substring(0,text.length()-1);
Then do the split.
Sure, you could make more sophisticated regex's or use StringTokenizer or no doubt come up with dozens of other complicated solutions. But why bother? When there's a simple solution, use it.
PS There's also the question of what result you want to see if there are two $'s in a row, e.g. "$foo$$bar$". Should that give ["foo","bar"], or ["foo","","bar"] ? Khotyn's split will give the second result, with zero-length strings. If you want the first result, you should split("\$+").